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Risca Post Office to benefit from Welsh Government funding

News | Richard Gurner | Published: 11:00, Friday August 3rd, 2012.

Ty Sign Post Office in Risca is among those in Wales to benefit from Welsh Government grants totalling £500,000.

Carl Sargeant, Minister for Local Government and Communities announced the funding on Thursday under the Post Office Diversification Fund.

The aim of the grants is to help local post offices expand their businesses and provide new services for the community.

There are three categories of grant which comprise the PODF; capital grants of up to £5,000; capital grants of between £5,001 and £20,000; and revenue grants of up to £500 for business advice.

This is the first round of Post Office Diversification funding to be announced since last summer’s evaluation of the scheme.

The revised fund has taken into account the findings of the independent evaluation.

One of the main changes in the refocused scheme is the emphasis on better developed applications.

Mr Sargeant said: “The Welsh Government has made a commitment to continue to provide support for the post office network in Wales.

“Post offices provide a range of services to local communities, the loss of which could see those communities suffer social or financial exclusion.

“Following last summer’s evaluation of the scheme we have taken the recommendations of the independent report on board and revised the scheme accordingly as well as taking account of the lessons we have learned from running the scheme in the first three years.

“I am delighted that 48 post offices have benefitted from capital grants from this latest round of PODF with a further 10 post offices benefiting from revenue grants for business advice. I am sure the scheme will continue to provide much needed support to sub postmasters and postmistresses so that whilst maintaining their current business they can expand on the services they offer their local communities.”

Since making the first awards in July 2009, funds totalling £4.4 million have been paid out to successful post offices across Wales and 287 post offices have completed the capital works funded.
ting, new awning.

Ty Sign Post Office will get a grant under £20, 000 to install energy efficient lighting, CCTV, chillers, a passport machine and a photocopier. It will also get a grant of £500 for business advice.

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